Parsley Energy just announced a deal for 5,472 net acres in Reagan County for $252 million. The deal includes 1,800 boe/d. Metrics work out to: $46k/net acre and $140k per flowing barrel (click here).
The Wolfberry Post! focuses on recent news and information relevant to the Permian Basin and the Wolfberry and Cline Shale formations in Texas as well as information relating to the oil and gas sector.